Early Retirement Reduction Buy Out (ERRBO)

What’s On Offer? All NHS staff who are members of the 2015 NHS Pension Scheme are able to elect to pay extra contributions to reduce or remove the early retirement reduction that would be applied if they retire before their Normal Pension Age (NPA). This is known as an Early Retirement Reduction Buy Out (ERRBO). […]

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Salary sacrifice arrangements and your NHS pension

If you are currently participating in a salary sacrifice scheme and are now in the new NHS Pension Scheme 2015 you should consider whether this is still in your best overall financial interest. What is a salary sacrifice scheme? Salary sacrifice arrangements are when you enter into an agreement with your employer to exchange some […]

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New NHS pension scheme from April 2015

What’s happening? • The current NHS pension scheme will be replaced by a new scheme from 1 April 2015. • The new scheme is based on your earnings for your whole career from April 2015 (a Career-Average Revalued Earnings scheme). • Each year 1/54th of your pensionable salary for that year will be added to your pension account […]

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When I’m 68

A music video protesting against the UK government’s proposal to increase the retirement/ pensionable age for all frontline NHS staff to 68, including paramedics. This will have a particularly damaging impact on ambulance staff and increase clinical risk for their patients. Track performed and shot by the paramedic ’68 Old Stars’. https://www.facebook.com/AmbulanceMinisterOnNightshift

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